The Cerebrus Technologies Plc is today proposing a final dividend, subject to shareholder approval at the 2025 AGM, of 2.32p per share (FY24: 2.23p), which along with the interim dividend of 0.95p per share (FY24: 0.92p) paid in January 2025 brings the full year dividend to 3.28p per share (FY24: 3.15p), an increase of 3.8%. The final dividend is expected to be paid on 26 August 2025 to shareholders on the register as at the close of business on 25 July 2025.
During the year, the Company again undertook a limited share buyback program to acquire Ordinary shares of 2p in the capital of the Company. The shares are held for the purpose of satisfying future obligations in relation to its employees' or other share schemes, thereby mitigating dilution for existing investors.
At 31 March 2025, 128,342 shares had been acquired in the year and following the issue of 378,953 treasury shares to satisfy share option exercise this brought the number of shares held in Treasury to 685,884 (FY24: 936,495).
Other financial highlights include:
Annual recurring revenue (ARR) up 13.9% to $18.8 million (31 March 2024 restated: $16.5 million)
Total Revenue of $38.7 million (FY24: $40.9 million), with Software Revenue (excluding third-party hardware) of $30.3 million (FY24: $27.7 million), an increase of 9.4%
Gross profit margin of 61.9% (FY24: 52.9%) due to a lower proportion of lower margin third party hardware revenue, software revenue gross margin of 75.0% (FY24: 72.8%)
